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Surplus lines broker taxes; certain insurance policies. Provides that any surplus lines broker or any person required to be licensed as one shall not be subject to the annual taxes, license taxes, or penalties under current law for any policy of insurance procured during the preceding calendar year on behalf of a commuter rail system jointly operated by the Northern Virginia Transportation Commission and the Potomac and Rappahannock Transportation District beginning in calendar year 2025. This bill is identical to HB 1682.
Introduced
Jan 8, 2025
Last Action
Mar 19, 2025
Session
VA 2025
Sponsors
1 primary · 0 co
Acts of Assembly Chapter text (CHAP0136)
Approved by Governor-Chapter 136 (Effective 07/01/25)
Governor's Action Deadline 11:59 p.m., March 24, 2025
Enrolled Bill Communicated to Governor on February 20, 2025
Impact statement from TAX (SB1269)
Signed by President
Enrolled
Signed by Speaker
Bill text as passed Senate and House (SB1269ER)
Read third time
Passed House (94-Y 0-N)
Read second time
Reported from Labor and Commerce (21-Y 0-N)
Placed on Calendar
Read first time
Referred to Committee on Labor and Commerce
Read third time and passed Senate (40-Y 0-N)
Read second time and engrossed
Passed by for the day
Constitutional reading dispensed (on 1st reading) (38-Y 0-N)
Rules suspended
Reported from Finance and Appropriations (14-Y 0-N 1-A)
Reported from Commerce and Labor and rereferred to Finance and Appropriations (15-Y 0-N)
Impact statement from TAX (SB1269)
Referred to Committee on Commerce and Labor
Prefiled and ordered printed; Offered 01-08-2025 25102772D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Acts of Assembly Chapter text (CHAP0136)
Stella G. Pekarsky